RE: HODLing POB Won't be a Mistake
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Wait I thought the idea of these platforms are decentralized so I'm not really following the workers/staff part.
It's technical but basically the blockchain is decentralized. For example your last reply to my reply was transaction cc084eb307ae0cb4872cb78fe013959e43405919@59709858 which was one of several transactions on Hive block 59,709,858. That's raw data. A website like hive.blog or proofofbrain.io (or my site hiveme.me😎) takes that raw data and formats it in a more human-readable style. If I don't renew my website hiveme.me my domain expires but the Hive blockchain would still exist.
In the future sites like hive.blog, proofofbrain.io, and hiveme.me may very well be "serverless" and use decentralized cloud storage.
Wait so even on these type of platforms we can have our accounts or wallets frozen?
That gets into the witness thing. Hard forks and soft forks are fundamental changes to the blockchain code. Enough witnesses can vote to trigger a fork. An example would be the DAO hack that occurred to an ethereum smart contract back in 2016. Blockchains have a certain number of blocks that can be retroactively altered by changes in the code before the transactions are irreversible. There was a vote and the DAO hack was undone but some who believed "code is law" disagreed with that choice and hard forked to Ethereum Classic.
Oh, and let's not forget the 2010 hack of bitcoin that caused 184.467 billion BTC to exist when only 21 million bitcoins were only supposed to ever exist. A hard fork undid that.
That's why having alleged sock puppet accounts on steemit as witnesses was problematic. A fork in the blockchain is like any other tool. It can build or it can destroy.
That was quite a bit of information to absorb. To be quite honest it feels a little over my head, but I'll add your front end as a list of things I should check out. This has been an intense journey thus far...
If I were to ask you what are 3 coins you believe in post on here and why what would you say? I.e. pob, 1up, !PIZZA, or whatever
We all start as beginners. When you learn a little each day you'll be surprised how it adds up.🏫
Not counting the tokens I issue (MEME and PAY).
I really like POB. It's the closest Hive analog to bitcoin. POB is set up to half its block reward every four years so there's plenty of time to accumulate before it becomes more scarce in 2025. It's a great token for playing the long game.
I like STEM. I enjoy science, engineering, and technology. It's the token that represents my main interests and hobbies. I can easily create content relevant to that community.
There are so many great third place ties to chose from. I guess out of all of them I would personally bet on LIST. There are already users becoming vendors on hivelist.store and I wouldn't be surprised if ecommerce on the Hive platform increases over the next few years.
Thanks for that insight you gave me more than enough to do my due diligence on. Also what is PAY wasnt able to look that up on tribal if you link to an article I can research it some more.
Both MEME and PAY are tokens from steemit's platform that were moved to this blockchain when I migrated to Hive. PAY is a token for political content. The token used to be issued through the @steemianpolitics account but after moving to Hive I rebranded it as @politicalhive.
Currently PAY doesn't have a front end website and is more of a community token for https://hive.blog/created/hive-179804. The posting tags enabled for PAY token are #hive-179804, #politics, #government, #election, #anarchy, and #political. Any one of those post tags should work.
Eventually I will upgrade PAY to a tribe token but right now I don't have the funds to cover the fees to do so. The announcement post about moving to Hive and a post by @bitcoinflood that I made a few replies to through the @politicalhive account are the only useful links for PAY i know of.
If you're interested I would recommend following @politicalhive. When there are updates in the future I will post them there.
Since coming to Hive I have created one other token (PRINT). No PRINT tokens have been minted yet but I made a post about it here.